as introduced - 87th Legislature (2011 - 2012) Posted on 03/03/2011 10:58am
Engrossments | ||
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Introduction | Posted on 03/03/2011 |
A bill for an act
relating to capital improvements; appropriating money for a grant to the city of
Chisholm for sanitary sewer and related infrastructure improvements; authorizing
the sale of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$10,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Chisholm to predesign, design, and construct sanitary sewer and related street
improvements in various parts of the city.
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To provide the money appropriated in subdivision 1 from
the bond proceeds fund, the commissioner of management and budget shall sell and
issue bonds of the state in an amount up to $10,000,000 in the manner, upon the terms,
and with the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and
by the Minnesota Constitution, article XI, sections 4 to 7.
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Section 1 is effective the day following final enactment.
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